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03-10-2016, 10:13 AM #11Banned
Reputation points: 4530
- Join Date
- Mar 2014
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- Ann Arbor, Michigan
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Nick:
Something seems missing. Why would the bank requires a $1.0 million CD to secure a demand account? My guess is that the CD is securing something else, possible equipment or a line of credit. Do you have a balance sheet you may share?
Thanks, Bob
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